Tamilnad Mercantile Bank Clerk Trainee Salaries by 4 Employees (Updated 2025)

1 - 2 years exp.

₹3 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

91% more than the average Clerk Trainee Salary in Banking Companies for 1 - 2 years of experience

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Salaries in different departments

Data Science & Analytics Clerk Trainee Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Customer Success, Service & Operations Clerk Trainee Salary 1 year exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.1 L/yr

Last Updated: 28 Feb 2025

Companies similar to Tamilnad Mercantile Bank for Clerk Trainee

Company name	Avg Annual Salary	Open Jobs
TJSB Sahakari Bank Clerk Trainee Salary 1 - 4 years exp. (3 salaries)	₹1.7 L/yr - ₹2.4 L/yr 37% less
Tata Institute of Fundamental Research Clerk Trainee Salary 0 - 6 years exp. (6 salaries)	₹1.8 L/yr - ₹3 L/yr 30% less
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Homi Bhabha Centre for Science Education Clerk Trainee Salary 0 - 4 years exp. (4 salaries)	₹2.1 L/yr - ₹2.7 L/yr 30% less
R G Technosolutions Clerk Trainee Salary 0 - 5 years exp. (4 salaries)	₹0.3 L/yr - ₹2.5 L/yr 50% less
Mumbai District Central Co-operative Bank Clerk Trainee Salary Fresher (4 salaries)	₹1.2 L/yr - ₹2.5 L/yr 53% less

Clerk Trainee salary at Tamilnad Mercantile Bank ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Tamilnad Mercantile Bank.

Experience wise Tamilnad Mercantile Bank Clerk Trainee salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹3 L/yr - ₹4 L/yr
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2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Tamilnad Mercantile Bank

Audit Assistant Salary

(AmbitionBox Estimate)

₹0.1 L/yr - ₹0.1 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Salary related reviews for Tamilnad Mercantile Bank

Clerk in Bangalore / Bengaluru

Full Time

Food, Beverage & Hospitality Department

1.0

• posted on 16 Jul 2024

1.0

for Salary and Benefits

Likes

Nothing here to like. Dislikes only.

Job security - Good

Dislikes

...completely scam for new joining employees don't join here. 1)They are showing 6.2lpa CTC and giving only 30k/month salary. 2)You won't get increment till you become confirmed clerk. 3)you will not become confirmed clerk untill you clear JAIIB. And you won't get time for study so they are keeping everyone in probationary period only. 4) you have to stay in bank till 9:30 pm and you won't get over time allowance. 5) alternative Saturday is holiday but you have to go for marketing. 6)They will give you performance based incentive. But if you are leaving bank you have to pay back that amount along with 3 months salary. 7) no enough staffs ..each and every work you have to do. 8)My kind advice for everyone please don't join this bank.

Salary - Bad

+5 more

Credit Manager in Chennai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 19 Jul 2024

5.0

for Salary and Benefits

Likes

For only salary to live...no work life balance...providing torture 24 *7

Salary - Excellent

Dislikes

...d torture the staffs...employee should do the desk work and also do marketing...executives asking why should u receive salary after got all the work from us night 10.00 pm... Average work completion time is 10.00 p.m...openly send whatsapp message to work on leave days...

Skill development - Bad

+5 more

Branch Manager in Chennai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 22 Jan 2024

4.0

for Salary and Benefits

Likes

Salary and perks

Salary - Good

+2 more

Dislikes

If you want to live upto 40 years , you can join here.. sometime it will be so surprise of you live upto that age... Pathetic work culture and worst management. Hell work condition always target.Community based bank so they prefer their people over others . To be Frank it's such a useless bank where one can lose their family life. if any one going to apply in this bank ready to sacrifice your life. Even after seeing this you want to work here means hats off to you.

Skill development - Poor

+3 more

Assistant Manager in Chennai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 14 Sep 2023

4.0

for Salary and Benefits

Likes

Industry standard salary, job security

Salary - Good

+1 more

Dislikes

Very very long working hours, absolutely no work life balance. Favouritism, very old culture and very regressive mindset. Fresh bloods are dumped by grudgy, less knowledged seniors.

Skill development - Poor

+3 more

Senior Manager in Madurai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 30 Aug 2023

5.0

for Salary and Benefits

Likes

Good package you will get.

Salary - Excellent

+2 more

Dislikes

No proper working culture. Always they believe leaving office late and coming during holidays to office is obedient to higher officials, they don't care you give business or not

Skill development - Bad

+3 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Tamilnad Mercantile Bank Clerk Trainee Salary FAQs

What is the salary of Clerk Trainee at Tamilnad Mercantile Bank?

Clerk Trainee salary at Tamilnad Mercantile Bank in India ranges between ₹3.0 Lakhs to ₹4.0 Lakhs for experience between 1 years to 2 years. According to our estimates it is 91% more than the average Clerk Trainee Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Tamilnad Mercantile Bank India.

How does the salary of a Clerk Trainee at Tamilnad Mercantile Bank India compare with the average salary range for this job?

The average salary of a Clerk Trainee at Tamilnad Mercantile Bank is 91% more than the average salary of a Clerk Trainee in India. To know exact salary insights, login to view.

What is the salary of a Clerk Trainee in companies similar to Tamilnad Mercantile Bank in India?

Homi Bhabha Centre for Science Education Clerk Trainee Salary - ₹2.1 Lakhs to ₹2.7 Lakhs per year
Tata Institute of Fundamental Research Clerk Trainee Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year
TJSB Sahakari Bank Clerk Trainee Salary - ₹1.7 Lakhs to ₹2.4 Lakhs per year
R G Technosolutions Clerk Trainee Salary - ₹0.3 Lakhs to ₹2.5 Lakhs per year
Mumbai District Central Co-operative Bank Clerk Trainee Salary - ₹1.2 Lakhs to ₹2.5 Lakhs per year

What is the estimated take home salary of a Clerk Trainee at Tamilnad Mercantile Bank in India?

The estimated take-home salary of a Clerk Trainee at Tamilnad Mercantile Bank ranges between ₹24,952 per month to ₹26,392 per month in India. The take-home salary calculation is based on the average Tamilnad Mercantile Bank Clerk Trainee salary in India which ranges between ₹3.0 Lakhs to ₹4.0 Lakhs per year for employees with experience between 1 years to 2 years. Check how did we calculate take home salary?

What is the notice period for Clerk Trainee at Tamilnad Mercantile Bank?

According to AmbitionBox, 50% of the Tamilnad Mercantile Bank Clerk Trainees reported a notice period of 3 Months, 50% reported a notice period of More than 3 months.This is based on 4 responses on AmbitionBox in last 2 years.

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Tamilnad Mercantile Bank Clerk Trainee Salaries

Tamilnad Mercantile Bank Clerk Trainee salary in India ranges between ₹3 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Tamilnad Mercantile Bank latest salaries received from various employees of Tamilnad Mercantile Bank.